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Yadav Singh: Special court gives 6 day remand to CBI

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Published on 4 Feb 2016 7:12 AM GMT

Yadav Singh: Special court gives 6 day remand to CBI
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Lucknow: The CBI Special court on Thursday gave Yadav Singh, involved in multi-million contract scam, six-day remand to the CBI. Yadav Singh is accused of multi-million rupees contract scam in Noida.

Yadav Singh, facing CBI probe for his alleged corrupt practices in Noida authority , was finally arrested yesterday and was produced in the court today. It is no secret in the political circles that he has been very close to the ruling party. In all probability, the further probe in the matter would open a pandora box to the discomfiture of some of the senior Samajwadi party leaders.

  • Tainted former Chief Engineer of Noida Development Authority Yadav Singh was arrested by the (CBI) on Wednesday over corruption charges.
  • Singh was earlier summoned by the CBI for questioning in adisproportionate asset case.
  • He is considered close to ruling Samajwadi Party (SP) government of Uttar Pradesh and was facing serious corruption charges.
  • Cases under section 409, 420, 466, 467, 469, 481 and under Prevention of Corruption Act were registered against Yadav.
  • The investigation agency had registered a case against Singh on allegations of criminal conspiracy, cheating, forgery and provisions of Prevention of Corruption Act against him.

Singh’s professional graph:

• Joined Noida Authority as junior engineer in 1980.

• Promoted to the post of assistant project engineer in 1985.

• Superseded 20 assistant project engineers.

• Did not had a formal engineering degree then.

• Elevated to the post of Project engineer in 1995.

• Appointed as Chief project engineer in 2002.

• The post was equivalent to chief engineer level-II.

• Was appointed as engineer-in-chief of Noida in 2007.

Scams and allegations:

• Said to have doled out contracts worth over Rs 10,000 crores to his cronies.

• Has been booked under a disproportionate assets case.

• Has also been booked for embezzlement of money.

• Has been facing serious corruption charges.

Income Tax raid:

  • The income tax raid on his properties on November 27,2014 revealed many things
  • IT department recovered Rs 10 crores in cash.
  • Two kilograms of diamond-studded gold ornaments were also recovered.
  • Raid revealed that 40 companies were registered in the name of hiswife Kusum Lata.

Kusum Lata’s involvement:

• Forty companies were registered on her name.

• Owner of 20 buildings in Nodia and and Ghaziabad,

• All the lands and buildings were purchased at throw away prices.

• 32 out of 319 farmhouses were on Singh’s name while the rest were in the name of family.

• Kusum purchased large chunks of lands in Firozabad.

• She hails from Firozabad.

Case registered under Prevention of Money Laundering Act(PMLA)

  • The Enforcement Directorate also swung into action and registered a case under PMLA as investigating agencies got evidence that the couple had illegally bough properties overseas.

How he came under scanner:

• An FIR was registered against him in 2012 by Noida Authority engineer R P Singh.

• Was suspended but his suspension revoked in 2014.

• Again suspended in February last by one member judicial commission set by UP government.

• Allahabad High Court directed CBI to investigate the case.

Singh’s Political connections:

  • Everyone was surprised when the UP government approached Supreme Court against the High Court order but the Supreme Court refused to entertain the plea of the state government as it was trying to shield Singh.
  • Investigation revealed that Singh had been in close connection with the ruling Samajwadi Party leadership. Eralier, he was close to BSP regime.
  • Records of a firm owned by Singh's associate Rejeev Kumar Minocha showed that 9995 shares of his company NM Buildwell, were given to Samajwadi Party's Firozabad Member of Parliament Akshay Yadav, the son of party general secretary Ram Gopal Yadav, who is also the cousin of party supremo Mulayam Singh Yadav.
  • Minocha is said to be a partner of Singh's wife Kusum Lata and the SUV from which Rs 10 crore was recovered at Singh's house, belonged to Minocha.
  • One of his dairy recovered in the IT raid revealed two revealed suspicious financial dealings with political figures supposedly Bahujan Samaj Party leaders named "Bhai Sahab" and "Pandit ji".

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